Facebook’s planned cryptocurrency Libra will be linked to individual national currencies and overseen by global watchdogs in a scaled-back revamp...
International & Reinsurance News
Allianz SE Chief Executive Officer Oliver Baete warned the coronavirus has upended insurers’ business models and will cause “massive” losses...
AIR Worldwide has launched a free COVID-19 catastrophe modeling tool, one that predicts cases and offers death projections for the...
Arch Capital Group Ltd. said its estimated pre-tax losses for claims incurred due to the COVID-19 pandemic could reach $145...
Britain’s banks have enough funds to keep lending to the economy even under the deep recession scenario outlined by a...
A ruling last week not to wipe out holders of a World Bank financial instrument providing emergency funds to poor...
Specialist insurer Beazley has appointed Bethany Greenwood as global head of cyber & executive risk (CyEx) from July 2020. She...
Hiscox’s core policy wordings do not provide cover for business interruption as a result of the general lockdown measures taken...
Howden Broking Group, the London-based independent specialty broker, announced it has acquired Matrix Insurance and Reinsurance Brokers in Greece. Financial...
Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that as part of...